Property Management
The management fee for South Dakota residential property management is typically calculated as:
AA flat monthly fee regardless of occupancy
BA percentage of collected rents (6–12% is common)✓ Correct
CA percentage of the property's market value
DA flat fee per occupied unit plus a vacancy fee
Explanation
Residential property management fees in South Dakota are typically 6–12% of collected (not potential) rents, aligning the manager's income with the owner's interest in maintaining occupancy.
Related South Dakota Property Management Questions
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